court. jericka: record temperatures in texas as much of the state remains under heat warnings. it s been summer for too long we have already had too much of it and not to break insight. jericka: new details, investigators say dna evidence connect the man accused of murdering four students at the university of idaho to the crime scene. chicken meat grown in a lab has been cleared to sell in the u.s. supporters hope it catches on saying it could help fight climate change. jericka: on this first day of summer, how to protect your skin from the sun s dangerous rays. what you need to know. use sunscreen to protect yourself and get checked. cbs news, come on down. back state of the price right with the story of the end of an era for the legendary show. on the last one to host the price is right, i feel pretty good about that. jericka: good evening to our viewers in the west, thank you for joining us on this wednesday night. i m jericka duncan in for nora. we beg
remains elusive. the federal reserve likes to keep inflation hovering around 2%. right now it sits somewhere around 4%. that certainly better than where it was last year. somewhere above 8% for that but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in interest rate hikes seem pretty likel . ., interest rate hikes seem pretty likel . . ., likely. in made the 12 month chance likely. in made the 12 month change in likely. in made the 12 month change in the likely. in made the 12 month change in the cpi likely. in made the 12 month change in the cpi came - likely. in made the 12 month change in the cpi came in i likely. in made the 12 month change in the cpi came in at| change in the cpi came in at 4-~0% change in the cpi came in at 4-~0%and change in the cpi came in at 4 .0% and the change in the core 4 .0% and the change in the core cpi 4 .0% and the change in the core cpi was 5.3%. in
by democrats in a hearing that at times got fiery today democrats say he didn t prove anything at all as the country heard from the special counsel for the first time our findings were sobering. john durham appearing the first time in front of the house judiciary committee about his scathing 300 page report which found the fbi had no actual evidence of collusion when investigating links between russia and the 2016 trump campaign. i have had any number of fbi agents who have come to me and apologized for the manner in which that investigation was undertaken. but durham was met with a barrage of attacks from house democrats right out of the gate. you can hold yourself out as an objective department of justice official or as a partisan hack. the difference between your investigation and mr. mueller s was that mr. mueller actually found actual evidence of a crime. and multiple attempts by congressman adam schiff, who pushed the russia collusion theory to pin durham on
with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser